I'm told George W. Bush really bungled the economy, usually as an argument in favor of the Obama president. I'll agree that "W" screwed up, especially in the following areas:
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• Continuing Wilson's income tax that penalizes success. • Continuing FDR's Social Security that turns equity into annuity. • Continuing LBJ's welfare programs that maintain a poverty cycle. • Stimulus packages and bailouts that reward corporate failure. • Reducing job creation by continuing federal corporate taxes. • Pandering to unions that restrict the US labor market. • Diluting our work force with "reverse-discrimination" programs. • Allowing the AMA and trial lawyers to keep medical costs high. • Maintaining a costly military presence in the middle east. • More government intereference through "anti-terrorism" laws. • Deficit spending that undermines the strength of our dollar. • Allowing US oil production to decrease so we have to import more. • Increasing the size and scope of the US federal government. • More regulation of energy, education, and health care. • Playing golf and going on junkets while the economy foundered. |
In which of these areas has the Obama presidency done better? (Yeah, that's what I thought.)
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